I picked up the Dallas Morning News this week to see a front page account of the fatal accident of billionaire Charles Wyly, philanthropist, who with brother Sam has been so supportive of Louisiana Tech University through the years.

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Editor’s Note: This is the second article in a three-part column about the basics of investing. The first installment ran on Oct. 31 and the final installment will run on Nov. 14.

When you invest in a company, you become an owner of the company with a vested interest in the company’s performance. Whether you’re managing money for a household or for a multinational corporation, you want the money you invest to give you the best possible return. This article discusses basic investing and portfolio-planning concepts that can help you make wiser choices.